KUALA LUMPUR: Bursa Malaysia put up a mixed performance early Wednesday while there was rotational play among small capitalised stocks chased up by speculators in the absence of strong positive news.
At 9.28am, the FBM KLCI was up 3.72 points or 0.23% to 1,589.85. Turnover was 807.58 million shares valued at RM484.52mil. There were 333 gainers, 331 losers and 368 counters unchanged.
Meanwhile, Bloomberg reported the global equity rally stalled as investors mulled the potential for a stimulus-fuelled rebound to trigger destabilising inflation. The dollar steadied after an overnight decline.
Stocks dipped in Japan and were little changed in Australia and South Korea. S&P 500 futures fluctuated after the benchmark halted a six-day winning streak and edged back from an all-time high.
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